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Search Results 0 to 49 of about 297 (some duplicates have been removed)
and speaker john boehner drawing different lines in the sand. will they break the stalemate? and if they don't -- that's coming up. >> greta: late today, david petraeus abruptly resigning after admitting to an extra-marital affair with his biographer. that's bad. but it gets worse. the resignation just days before general petraeus was set to testify at congressional hearings. coincidence? >> good evening, how are you? >> greta: i'm very well. congress pan, the affair, i mean, for the most part, i am trying to separate this out. it is a matter for general petraeus and his wife. but there is -- there is some parts of it that do have an implication. one is whether or not it's a security breach and that it should have been picked up and turned over to the house intel commits and whether or not that could be used as blackmail against him. your thought, sir? >> well, even someone as lowly as an assistant u.s. attorney has to undergo a background check with very invasive questions and you are expected to tell the truth and you are asked under penalty of perjury. so you can increase that expoinentia
'am. >> greta: straight ahead, president obama versus the speaker of the house, john boehner, digging in their heels on avoiding the fiscal cliff. time is running out. the latest is next. another bush family member is getting ready to run for political office. which one is it? start guessing. that's coming up. ♪ [ male announcer ] how could switchgrass in argentina, change engineering in dubai, aluminum production in south africa, and the aerospace industry in the u.s.? at t. rowe price, we understand the connections of a complex, global economy. it's just one reason over 75% of our mutual funds beat their 10-year lipper average. t. rowe price. invest with confidence. request a prospectus or summary prospectus with investment information, risks, fees and expenses to read and consider carefully before investing. >> well, it didn't take long, talk of compromise, post postelection, turning into stalemate. john boehner and barack obama not budging as we rapidly approach the fiscal cliff. >> 2013 should be the year we begin to solve our debt through tax reform and entitlement reform. i a
a big deal or grand bargain with the republic speaker john boehner. during election year we haven't heard any of that because they were fighting so much. now the president saying how he wants a deal. speaker boehner all recent days been saying all the right things. it's interesting that today the president didn't really move an inch toward the republicans and speaker boehner had some comments that suggested he is not ready to move towards the president. take a listen thrrvettle are ways to put revenue on the table without increasing tax rates. we have talked about this now for over a year. you could -- there is all kinds of information and data out there. but, getting into the specifics of that at this point would not be conducive to trying to come to an agreement with the white house. >> so the bottom line is that neither side has -- president at his news conference today or john boehner in his conference have gotten into the tough specifics about what's going to happen to taxes, what's going to happen in terms of spending cuts to try to get a big debt cut maybe up to $4 trillion
. john boehner, the speaker of the house, also 25uked about the fiscal cliff and hinted for compromise. you got to listen carefully to see the compromise that could be coming. let's listen. >> it's clear, there are a lot of loopholes in the tax code, both corporate and personal. it's also clear that there are all kinds of deductions, some of which make sense, others don't. everything, everything on the revenue side and the spending side has to be looked at. >> anyway, senator chuck schumer this morning suggested that the right wing might be more willing to accept compromise now. it's been helpful. let's watch. >> boehner wants to compromise, that's why he gave that speech. boehner's not a hard right guy, he's a mainstream conservative. i think he's going to help. the hard right is chastened in a lot of ways. >> in south carolina, a republican, jeff duncan, who quoted him as follows, when i look at the results of the election, congressman duncan says, it becomes clear to me that the house is now the last line of defense for preserving freedom in this country. the people of south carolin
there was john boehner drawing the line not against tax increases, but increases in tax rates. >> listen, the problem with raising tax rates on the wealthiest americans is that more than half of them are small business owners. we know from ernst & young 700,000 jobs would be destroyed. we also know that it would slow down our economy. >> president obama from his part came into the east room. he also drew a line, but the line he drew was not insisting on higher tax rates but on higher tax revenues. >>> i'm not wedded to every detail of my plan. i'm open to compromise. i'm open to new ideas. i'm committed to solving our fiscal challenges, but i refuse to accept any approach that isn't balanced. >> so, larry, balance is the key for president obama, not necessarily increases in tax rates. signs of conciliation on both sides and late this afternoon the bipartisan policy center which has been pushing for a simpson bowles-type solution said they were encouraged by the flexibility shown on both side says. john harwood, appreciate it and let's get reaction, and we have republican whip senator joh
congress acts. president obama and house speaker john boehner picked up where they left off in dualing public appearances where both sounded consillatory, but didn't seem to budge much. must add to the president's to do list one more thing. he needs a cia director after general david petraeus resigned admitting to an extramarital affair. joining me now is robert menendez, later chairman of the house homeland security committee. good morning, senator. it's good to see you. let me start out with the petraeus matter. do you believe that this is -- leaves a big hole in military or intelligence operations or can they carry on smoothly? >> well, mike morrell, the second in charge, i think, is an excellent individual, has the president's confidence and can carry on in the interim. i don't feel general petraeus was a tremendous asset at the cia. it's unfortunate. i respect his decision under the circumstances. in the interim i believe the agency continued to function under mr. morrell. >> what kind of holes will this leave? >> i have questions about the whole matter. first of all -- excuse me
. i think you heard john boehner say that. we've had votes in the senate where we've gotten rid of tax credits. i think that's a given. >> we need the republicans to do in 2012 what we did in 2010. we hear the mandate continue to cut spending, but they have to hear the than date real revenues not like dynamic scoring. >> and here's what happens if no agreement is reached before january 1st.bush tax rates expire. emergency unemployment benefits will end. the 2011 payroll tax holiday expires. and $984 billion in cuts will be triggered. joining me now, andy sullivan and sher a tupletts. what do you expect to come out of the meeting friday and will any real progress made? >> oh, no, but i think the optics will be important. there will beside by side getting their picture taken and i think this will reassure voters and most importantly investors that they are serious about the problem and they want t to get something done before the end of the year. they've pretty much gotten a free ride from the markets. everybody knew this was coming up, but interest rates have remained low and the stock
to raising taxes on the rich? >> there's no question about it. john boehner was sounding, you know, like there might be some way to compromise on that issue. and i love bill crystal, what he had to say about it. who is somewhat of a leader of the more conservative branch of the republican party. so i'm optimistic. but we don't need all the republicans to go along. we need enough rational republicans and then the democrats can provide the rest of of the votes in we get a fair compromise. but anything less than fair that protects the middle class, the president has said he's not going to sign it. >> cynthia, the "new york times" reported on a conference call john boehner the speaker had and it's very interesting what tone he set and a gop senator. let me give you the quote p the quote from the "times" is that their party lost badly, mr. boehner said, they had to avoid the nasty showdowns that marked much of the last two years. members on the call subdued and dark, murmured words of support. that's interesting. and then you had senator bob corker, a key member of the banking committee, went
to sign it. >> cynthia, the "new york times" reported on a conference call john boehner the speaker had and it's very interesting what tone he set and a gop senator. let me give you the quote p the quote from the "times" is that their party lost badly, mr. boehner said, they had to avoid the nasty showdowns that marked much of the last two years. members on the call subdued and dark, murmured words of support. that's interesting. and then you had senator bob corker, a key member of the banking committee, went on fox news and said the wealthy should contribute more. listen to this. >> we know there has to be revenues and i think -- look, i haven't met a wealthy republican or democrat in tennessee that's in the willing to contribute more as long as they know we solved the problem. >> i mean, we know there has to be more revenues. i haven't met a wealthy republican or democrat that's not willing to contribute more. it's amazing what an election can do to some people. >> indeed it does sound as though reality is beginning to intrude because all we've heard up to now is absolute no we won't
at this point? we'll find out. >> rita, you had a one on one with john boehner. we'll be seeing him again on monday. it sounds at least like his tone is definitely changed. take a listen. >> i remain optimistic that we'll be able to find common ground. i'm the most reasonable and responsible person here in washington. the president knows this. he knows that he and i can work together. the election is over. >> did you know that john boehner was the most reasonable person in washington? did you know that? >> no. you said that to me last week. he is sort of the adult in the room in a lot of cases. consider the fact that the members of congress who are freshman and sophomores in their first two terms, the highest number since world war ii, we've got all of these new people coming to washington who don't know how the town works, how the legislating process works and everybody sort of wants to fix everything right away and they wanted to fix it on their own terms. john boehner has been around for a long time and sort of knows how these deals work, how to stitch together these things. at the end
cuts on those who make under $250,000 and it's on speaker john boehner at this point to simply pass the senate bill and if nothing is done it's on speaker john boehner not on the president, whether or not the tax cuts expire on january 1. >> but at the end of the day, it will be the american people that are hurt. yes, there is a bill in the senate, and yes, boehner could pass it, but he says that he does not want to raise taxes and the congressional budget office says, kelly, if we do what the republicans want us to do it will increase economic growth by 1.5%. if we do what president obama wants us to do and what she just mentioned, it would raise economic growth by 1.25%, so it's more than just tax cuts, it's more than just tax increases, we have to actually reform entitlement programs. there's a lot that needs to be done before january 1st. >> kelly: what say you about this? is angela right, 1.5%, i understand it could be as high as 1.7% if they find agreement. >> number one thing we need to focus on, while the country elected the same congress and everyone is taking their old pos
on the wealthy and that's not something that the republicans want to see. john boehner is signaling what he wants is to get an agreement that all the spending and all of the bush tax cuts will simply continue on after january 1st. >> eliot: i hate to sound like a broken record, but i completely agree with you. the president gains strength by waiting. i've written this. you've written this. the bush tax cuts expire of their own accord and the president is sitting there with a tax increase on the middle class but then he turns to the republicans and says lower tax taxes, and how can they vote against that. there were twin scourges that were predictedded by the deficit hawks. one, we would have rampant inflation if we had continued deficit spending, and the other that interest rates would necessarily skyrocket. neither has happened. >> quite the opposite. the yield on a ten-year treasury is below 2%. the dollar is basically a safe harbor for global sabers the united states and elsewhere because a lot of other places around the world are much more uncertain than the united states. so it is possible f
age to 67 and cap benefit hikes under social security. obama and house speaker john boehner are due to begin negotiations friday on averting the so-called fiscal cliff of expiring tax cuts and automatic spending reductions set to take effect at the end of the year. speaking in washington, treasury secretary timothy geithner stressed the urgency of reaching a deal. >> i know the cliff is unattractive. it would cause a lot of damage to the american economy. a careful about those who argue and urge for "let's just extend while we negotiate." it will leave a different source of uncertainty on the table, like what would give the people the incentive to come back and do something tough. >> millions of workers in europe have joined a general strike today protesting the wave of spending cuts and tax hikes that has swept the continent in the name of austerity. spanish and portuguese workers are coordinating their strike with work stoppages also planned in greece, italy, france and belgium. we will have more on the strike after headlines. closing arguments have ended in a pretrial hearing to
measures have to originate in the house. john boehner talked about the looming fiscal cliff and like the president he also hinted at room for compromise. you have to listen carefully to see the compromise that could be coming. >> it's clear that there are a lot of special interest loopholes in the tax code, both corporate and personal. it's also clear that there are all kinds of deductions, some of which make cents. others don't. everything, everything on the revenue side and on the spending side has to be looked at. >> senator chuck schumer in new york this morning on msnbc suggested that the right wing might be more willing to accept compromise now. he's being hopeful. let's watch. >> boehner wants to compromise. that's why he gave that speech. you know, boehner is not a hard right guy. he's a incompetent mainstream conservative and i think it's going to work because the hard right a chastened in a lot of ways. >> here is a republican who may not be quite in on what happens happening after the election, jeff duncan. when i look at the results of the election congressman duncan says
a potential financial crisis, can house speaker john boehner and the president find an onslaught of spending cuts and tax hikes? stay with us. [ male announcer ] truth is, dayquil doesn't work on runny noses. what? [ male announcer ] it doesn't have an antihistamine. really? [ male announcer ] really. alka-seltzer plus cold and cough fights your worst cold symptoms, plus has a fast acting antihistamine to relieve your runny nose. [ sighs ] thank you! [ male announcer ] you're welcome. that's the cold truth! [ male announcer ] alka-seltzer plus. ♪ oh what a relief it is! ♪ [ male announcer ] to learn more about the cold truth and save $1 visit alka-seltzer on facebook. but proven technologies allow natural gas producers to supply affordable, cleaner energy, while protecting our environment. across america, these technologies protect air - by monitoring air quality and reducing emissions... ...protect water - through conservation and self-contained recycling systems... ... and protect land - by reducing our footprint and respecting wildlife. america's natural gas... domestic, abundant, cle
is there to do? the signals from john boehner, the speaker of the house, are that he's got some more leverage with his republican caucus than he had back in the day, and that there is talk of coming up with more revenue. maybe not calling it a tax increase, not a rate increase, but finding some way to raise some more money. >> right. you know, andrea, i hate to sound an optimistic note when it comes to politics, but i do think the signals coming out of john boehner's sort of world, and out of president obama's statement last week is that there can be some common ground here, that president obama, i think, clearly has some leverage due to what happened in the, in his own race, as well as at the senate level. so i think he has that. and then john boehner, i think a little bit more questionable in how much more leverage he has within his own caucus, but we shall see. if both of them can sort of say, look, let's do this, this is important to the country, let's move on, we can disagree about lots of other things, but we're going to compromise and move forward. whether that compromise is not raisin
house? is it john boehner? >> i think the president is the only with one that can sign the agreement. john boehner needs to have an agreement that the house of representatives will pass, and i think whatever the two of them agree on will pass the senate. but expect it will be john boehner working along with the president. i'm sure mitch mcconnell will be very closely involved in the discussions with leader boehner. >> you don't believe a deal should come out of the senate and then be introduced in the house? >> well, i think the elections are over. we need to find solutions to help our country move forward in a positive direction and as the chairman of the joint chiefs of staffs says the biggest threat to our national security is actually our debt. we need to get this spending under control and get people back to work. >> i want to talk about this issue of taxes and tax rates and get you to respond to something from not exactly someone who is known as a liberal thinker here. take a listen. >> it won't kill the country if we raise tax as little bit on millionaires. it really won't, i
speaker john boehner said do want togop with the president, but they do not want to raise taxes. the two sides cannot come up deal, spending cuts and taxes kick in automatically january 1. one of the nation's most is castingusinessmen forecast. warren buffett says there will recession if spending cuts and higher taxes becomes the law. calling on house make a dealto happen. if 25 republicans decide to pushed the country above party and sign up for something that we do not need to go over the fiscal cliff. >> he says we will not permanently cripple ourselves because 535 people cannot get along. the district need aur help in the search for high-school principal charged in former school employees. atective said there is of thelmar the rest jarrett -- arrest of thelma jarrett. themselvesers turned today.lice earlier more tonightg about the expanding search for a believe shot a manager at a wal-mart. police released three surveillance photos of the suspect. demanded money from employees the wal-mart near one -- near route 198. is askedth information to call police. monitoring the story.ing we
'm not going to do that. >> house speaker john boehner, likewise, struck a conciliatory tone drawing a hard line on tax hikes but saying everything is up for negotiation. >> well, clearly, the deficit is a drag on our economy and we can't continue to spend money that we don't have. i, i don't want to box myself in, yet alone box anybody else in. i think it's important for us to come to an agreement with the president, but this is his opportunity to lead. >> the senate has already passed legislation that would raise taxes on those making more than $250,000 while preserving the bush tax cuts for the middle class. >>> staying with politics, there's still no call in the presidential election in florida where officials continue to sort through ballots and a bid to finalize the vote tallies. cnn has yet to project a winner but yet with 97% of precincts reporting president obama has a 64,000 vote lead over mitt romney. unofficial results must be submitted by noon today. when it comes to the national popular vote, the president's margin of vktry has now increased. he holds a 51% to 48% edge over go
alone. and election results are barely dry and john boehner and president obama buting heads. key disagreements are whether taxes should be raised on wealthy americans. neither seem willing to compromise on that. >> and a pair of college basketball was cancelled because the floor was not in ship shop. florida left georgia in half time. there was so much condeization on the floor the game was cancelled. >> and over the next few weeks, top republicans are taking a closer look at what went wrong in the election cycle and how to fix it they are talking to donors and house majority leader john boehner said there is no tea party to speak of anymore. does the republican party need to change the image joining us now is shawn and amy. welcome to the woth of - both of you. i know it is it a disappointing week that you are reacting tompt there is it a lot of soul senching going on saying that the republican party need toz get a grip and take a look at where it missed the mark in the past election, shawn, a lot of the folks are upset that the republican party did not factor in the real vibe w
to tackle the impending fiscal cliff but the president and the speaker of the house john boehner each drawing lines that they say they will not cross. the major hurdles, that threat to send the economy into a tailspin, that's coming up next. >>> plus a nascar race turning into a full-scale brawl. look at this. mayhem breaking out of the everybody going at it. we'll tell you what set it off. after this. ve lately. but because of business people like you, things are beginning to get rolling. and regions is here to help. making it easier with the expertise and service to keep those wheels turning. from business loans to cash management, we want to be your partner moving forward. so switch to regions. and let's get going. together. jenna: well come back, everyone. now let's return to the economy. the president and house speaker john boehner are suggesting they are willing to compromise to prevent our economy from going over that so-called fiscal cliff but both sides are digging in their heels whether or not to race tax rates for the wealthy. rich edson of the fox business network watching
leader john boehner said there is no tea party to speak of anymore. does the republican party need to change the image joining us now is shawn and amy. welcome to the woth of - both of you. i know it is it a disappointing week that you are reacting tompt there is it a lot of soul senching going on saying that the republican party need toz get a grip and take a look at where it missed the mark in the past election, shawn, a lot of the folks are upset that the republican party did not factor in the real vibe with the youth vote, women and hispanics. >> look we lost but we did a lot of things well. our ground game was strong and did better in the battle ground states than in 2008 and president obama did worse than in 2008. fund raising was off of the chart. >> we got breaking news to alert to. the associate press is now reporting that thitate of florida was an obama win. florida topping rom no. 332 to 206. that's the way it stands. this had to take place over a period of days and so we know shawn florida goes in the obama colume. >> another nail in the coffin. part of the what we need
to be revenues as well. second, he's rejecting the john boehner approach which is boehner saying i'll agree to revenues as long as they come as a result of economic growth. in other words, we won't legislate changes in taxes. we'll hope that revenues go up. he's saying no, that won't work for me. you're not going to legislate spending cuts. this is the president talking. not legislate revenue changes as well. >> bill: all right. so there are -- the most immediate decision maybe facing the congress is that as you point out, all of the bush tax cuts expire. which means not only the taxes -- tax cuts for the wealthy expire, the tax cuts for those making under $250,000 a year expire as well. so the president said friday all right, the senate has already passed a bill which would give extended tax cutless for the 98%, those making under $250,000. but let the ones for the wealthier people and defined as over $250,000 expire. and he challenged the house of representatives to pass that. what do you think -- so this is a real -- to
at the end of the year unless congress acts. president obama and john boehner picked up where they left off in dueling public appearances where both sounded conciliatory but didn't seem to budge much. you must add to the president's to-do list one more thing. he needs a cia director after general david petraeus resigned, admitting to an extramarital affair. joining me now is new jersey democrat senator robert menendez. and in new york congressman peter king who is chairman of the house homeland security committee. good morning, senator. it's good to see you. let me start out with the petraeus matter. do you believe that this leaves a big hole in military intelligence operations or can they carry on smoothly? >> well, mike morell who is the second in charge is an excellent individual, has the president's confidence and can carry on in the interim. obviously, general petraeus was a tremendous asset at the cia. it's unfortunate. i respect his decision under the circumstances. and i'm sure the president will now seek out a new cia director. but in the interim i believe the kgs can continue to f
republican john boehner, the republican speaker of the house, says absolutely not. taxes will not rise. it cannot pass the congress. it cannot pass the house. probably can't pass the senate in his estimation. he's digging in his heels. he says we can raise revenues, taxes on the wealthy by closing loopholes. that's the appreciate thoach tho take. there's a lot at stake here if we go over that fiscal cliff. it sounds so ominous because it is. a half a trillion dollars in extra taxes for american families over the course of just one year alone. add to that the cuts in defense and domestic spending $1 trillion over ten years and the cbo estimates the unemployment rate will shoot up to 9.1%. we could go back into another recession. some democrats are encouraging the president to stick to his guns. john yarmouth is one of those. >> if you look behind what they're saying, they're not willing to compromise in any way that touches wealthy americans. i'm not at all set on $250,000. i think that is a number that really is probably the wrong number. when i've had conversations with the white hous
not include a tax increase for the wealthiest americans, suzanne. >> jessica, we heard boehner, john boehner, actually within the last 30 minutes or so talking about that there are ways to raise revenue and spending cuts as well in a all options are on the table. do you think the white house sees that as some sort of opening, if you will, to negotiations? >> i think both sides are hopeful there is wiggle room for negotiations. everyby knowthat sething s to gone becauseh economy will take such a serious hit if it doesn't. here is where i see the battle line right now. republicans on capitol hill tell me they are willing to raise revenue. that's a big change. they are willing to raise revenue, but without a change in the tax rates. the president has said that the highest earning americans have to pay more. congressional republicans saying no change to the tax rates. that's a big difference of opinion. they'll have to find a way to bridge that divide. beyond that, they're willing to compromise on entitlements. they're willing to find cuts, so there does seem to be room for compromise. there's a
, quote, john boehner has been willing to throw his conference under the bus repeatedly. house republicans should think very carefully if the faux tan face of john boehner is the face they want for their party the next two years. they should consider paul ryan as their speaker. that is ideological shots fired, if you will. and finally in a few minutes we do expect to hear from which party maine senator elect angus king will caucus with. interestingly enough we know of no one-on-one meetings. this is exactly what everyone has assumed the entire time that he will caucus with the democrats. >>> all right, general petraeus' replacement at the cia mike morell met tuesday. he'll speak with counterparts on the house side today about the scandals, the national security implications, why congress wasn't told soon er and, also, e assume benghazi will come up. joining me now the national investigative correspondent michael isikoff and capitol hill correspondent kelly o'donnell. kelly, let me start with you before i get to mike on the latest on the general scandal itself. congress continues to basical
't think so. john boehner laughing in the face that the leader of the republican party from here on out might be paul ryan. that guy? the republican party pick its new face, its new leader after their electoral disaster. that's going to be an amazing thing to watch. here's just a case in point. it was an overall electoral disaster for republicans to lose the presidency. it was thought to be impossible for them to lose the presidency. nobody since the great depression has been reelected as president with an unemployment rate like the one we have now. but barack obama manage d to do it. just take as a case in point. the tremendous republican disaster in the united states senate. i mean, they had a bad night on tuesday night. but in the senate, it was a sure bet that the republicans were supposed to retake control of the senate this year. a sure bet. they are only defending ten seats. not only did the republicans not retake the senate, the democrats held on to control and increased their margins. that's impossible. in a year like this. and the depth of that failure is bottomless. look at h
Search Results 0 to 49 of about 297 (some duplicates have been removed)